LIVE MARKET TRACKER :   BSE SENSEX   26867.55      |    NSE NIFTY 8027.70    
GLOBAL MARKETS :  NASDAQ 4580.271   +0.50%    |    FSI London 6825.31   +0.08%    |    NIKKEI Japan 15476.6   +0.34%
  USD GBP EUR CAD AUD INR
USD - 0.602 0.7616 1.0873 1.0716 60.501
GBP 1.6615 - 1.2654 1.8066 1.7804 100.5236
EUR 1.3131 0.7905 - 1.4278 1.4071 79.4451
CAD 0.92 0.5538 0.7007 - 0.9859 55.6638
AUD 0.9334 0.5619 0.7109 1.0149 - 56.471
INR 0.0165 0.01 0.0126 0.018 0.0177 -
Indian-Commodity  :  Corporate  :  S&P assigns 'A-1+' rating to ICICI Bank's proposed $300 million USCP program

S&P assigns 'A-1+' rating to ICICI Bank's proposed $300 million USCP program (18-Dec-2012)

Standard & Poor's Ratings Services (S&P) has assigned 'A-1+' short-term issue rating to ICICI Bank's proposed $300 million US commercial paper (USCP) program. This program is supported by a $300 million irrevocable direct-pay letter of credit (LC) issued by Wells Fargo Bank N.A.

The 'A-1+' rating on this program is equivalent to the short-term counterparty credit rating on Wells Fargo. The Bank will issue the USCPs through its overseas branches in Hong Kong, Bahrain, and New York.

Earlier this month, India's largest private sector bank had raised 100 million Swiss Francs through a seven-year bond issue. The bonds had been rated 'Baa2/stable' by Moody's and 'BBB-/negative' by Standard & Poor's.


Top News Today
RIL, ONGC and Wockhardt to see some action today
(01-Sep-2014)

RIL, ONGC and Wockhardt to see some action todayReliance Industries (RIL) has returned nearly 1,384 acres of land in Gurgaon that was acquired for its SEZ, saying that the withdrawal of the concessions offered to special economic zones (SEZ) has made......click on news to read complete article.

M&M, Hero MotoCorp and Tech Mahindra to see some action today
(27-Aug-2014)

M&M, Hero MotoCorp and Tech Mahindra to see some action todayMahindra Agribusiness, part of the farm to aerospace conglomerate Mahindra & Mahindra (M&M), is all set to enter the dairy segment through the inorganic route, with a focus on the pouched......click on news to read complete article.

RIL, SAIL and Tata Steel to see some action today
(21-Aug-2014)

RIL, SAIL and Tata Steel to see some action todayReliance Industries (RIL) is implementing a project to import 1.5 million tonnes of ethane to feed its crackers in India, taking advantage of the US shale gas revolution. The project will significantly......click on news to read complete article.

International Stock News
US markets gain on encouraging economic data
(01-Sep-2014)

US markets gain on encouraging economic dataThe US markets closed higher on Friday, building on weekly and monthly advances, as largely upbeat US economic data offset overseas worries. The S&P and Dow notched their fourth up week in a row,......click on news to read complete article.

US markets closed mostly up; S&P holds 2,000 mark
(28-Aug-2014)

US markets closed mostly up; S&P holds 2,000 markThe US markets closed mostly higher on Wednesday, with the S&P 500 staying around 2,000 a day after it closed over that milestone. Global markets are surmounting crises in Ukraine, the Gaza Strip......click on news to read complete article.

US markets gain; S&P close above 2,000 for the first time
(27-Aug-2014)

US markets gain; S&P close above 2,000 for the first timeThe US markets closed higher on Tuesday, with the S&P 500 notching it's first-ever finish above the milestone level of 2,000. A stronger-than-expected reading on consumer confidence provided a......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.